University of Texas at Austin

Scholarships and Financial Aid

McCombs School of Business McCombs School of Business


Canfield BHP has a limited number of merit-based scholarships available. Every admitted student is considered for these scholarships. There is no separate application for Canfield BHP merit scholarships. Students who receive a Canfield BHP scholarship will be notified by March 15 of their award amount.

There are also other types of scholarships for incoming freshmen. You can read more about the various scholarships available on the UT Austin Financial Aid website. Scholarships from UT’s alumni association, the Texas Exes are also available for incoming freshmen, including the prestigious Forty Acres Scholarship. You can apply to all Texas Exes scholarships through their online application

Please note, Canfield Business Honors Program merit-based scholarships do not apply to UT-wide financial aid or scholarships.

Financial Aid

Each year UT Austin awards over $500 million dollars in financial aid. To be considered for grants, loans, and work-study positions offered by the University, you need to fill out the Free Application for Federal Student Aid (FAFSA). All need-based financial aid is awarded based on your FAFSA information, and all students are highly encouraged to apply. Learn more about the types of financial aid available and the process for applying on UT’s financial aid website.